Start-Ups Current Affairs - 2019

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Facebook Hubs to Support Start-Ups

Social media platform Facebook has launched Facebook Hubs to foster innovation and offer support for budding entrepreneurs. Facebook Hubs Facebook Hubs will provide support for start-up community by hosting mentor hours and conducting trainings, workshops, discussions across 20 locations in Delhi, Gurugram, Noida, Bengaluru, Mumbai, Hyderabad, Pune, Navi Mumbai and in Goa. Facebook has collaborated Read More…

Month:  Categories: Business, Economy & BankingUPSC

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New Initiative SWAYATT and GeM Start-up Runway launched

The Union Minister of Commerce and Industries Suresh Prabhu launched SWAYATT (Start-ups, Women and Youth Advantage Through eTransactions) and GeM Start-up Runway. Objectives of SWAYATT SWAYATT will bring together the key stakeholders within the Indian entrepreneurial ecosystem to Government e-Marketplace the national procurement portal. The objectives of SWAYATT are: To promote inclusiveness by catapulting various categories Read More…

Month:  Categories: Business, Economy & BankingUPSC

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SEBI constitutes Group to review Institutional Trading Platform (ITP) framework

Market regulator Securities and Exchange Board of India (SEBI) has constituted Group to look into existing Institutional Trading Platform (ITP) framework and suggest measures to facilitate listing of startups. Its members include representatives from Indian Software Product Industry Round Table (iSPIRT), Indian Private Equity and Venture Capital Association (IVCA), Indus Entrepreneurs (TIE), law firms, merchant Read More…

Month:  Categories: Business, Economy & Banking

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Bharat Inclusion Initiative: IIM Ahmedabad unveils $25 million initiative to fund start-ups

Indian Institute of Management Ahmedabad’s (IIMA’s) centre for innovation, incubation and entrepreneurship (CIIE) has launched $25 million ‘Bharat Inclusion Initiative’ to fund start-ups. CIIE was founded at IIMA to support entrepreneurs and turn business ideas into viable businesses models. It partners with industry experts, mentors, corporates, IIMA community and investors to help incubate early-stage start-ups. Read More…

Month:  Categories: Business, Economy & Banking

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Kerala Government launches Kerala Accelerator Program for early-stage startups

Kerala Government has introduced Kerala Accelerator Program, a virtual accelerator program for three months, to promote startups in the early revenue stage. It was launched by Kerala Startup Mission (KSUM) in association with Zone Startups India. Kerala Accelerator Program This program will help startups achieve product-market fit through a curated customer validation process. It will Read More…

Month:  Categories: States

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Cabinet approves MoU on India-Israel Industrial R&D and Technological Innovation Fund

The Union Cabinet approved Memorandum of Understanding (MoU) to set up US $40 million India-Israel Industrial R&D and Technological Innovation Fund (I4F). The MoU was signed in July, 2017 during Prime Minister Narendra Modi’s visit to Israel. India and Israel will make contribution of US $4 million (Rs.25 crore) each for Fund, both equivalent amount, Read More…

Month:  Categories: Science & Technology

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SEBI eases rules for angel funds

The Securities and Exchange Board of India (SEBI) has liberalised norms for angel investors to invest in early-stage entities. In this regard, SEBI in its meeting decided to amend the SEBI (Alternative Investment Funds) Regulations, 2012. This decision was taken based on the recommendations received from the NR Narayana Murthy Alternative Investment Policy Advisory Committee. Read More…

Month:  Categories: Business, Economy & Banking

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